![Wall Street Kicks Off Week With A Bang: Acadiana Business Index](http://townsquare.media/site/36/files/2011/11/Wall-Street-spencer-platt-Getty6-300x20011.jpg?w=980&q=75)
Wall Street Kicks Off Week With A Bang: Acadiana Business Index
US markets followed European markets, which finished with a broad rally after news that leaders negotiated a deal to contain the sovereign-debt crisis. Mark Lasseigne has your market report on today's Acadiana Business Index.
- The Dow Jones Industrial Average rose 291 points, to 11,523.
- The market was also helped by sales on Black Friday, the day after Thanksgiving, rising 6.6% from a year ago.
- Amazon.com rallied 6.4% as Cyber Monday kicked off. The online retailer said it sold four times more Kindle devices on Black Friday than it did last year.
- In economic news, sales of homes rose slightly in October, but demand remained weak. And the median price for a home decreased.
- Oil stocks jumped following reports that the European Union is considering banning imports from Iran. The news reflected the latest escalation in tensions over the country's nuclear program.
- Crude oil closed at $98.21 a barrel.
- And Gold settled at $1,719 an ounce.
More From News Talk 96.5 KPEL
![Walmart Announces Black Friday Deals Start on Nov 7](http://townsquare.media/site/34/files/2021/10/attachment-GettyImages-1225857969.jpg?w=980&q=75)
![$11.7 Million Gold Cube Mysteriously Shows Up in Central Park [PHOTO]](http://townsquare.media/site/34/files/2022/02/attachment-Screen-Shot-2022-02-04-at-8.01.10-AM.jpg?w=980&q=75)
![‘Black Friday Death Count’ Website Updated for 2021](http://townsquare.media/site/33/files/2015/11/black-friday-crowds.jpg?w=980&q=75)
![Complete List of National Chain Stores that Will Close/Open on Thanksgiving Day](http://townsquare.media/site/29/files/2021/11/attachment-GettyImages-78014174.jpg?w=980&q=75)
![List of National Chain Stores in Lafayette to Close on Thanksgiving Day](http://townsquare.media/site/29/files/2010/11/Black-Friday1.jpg?w=980&q=75)
![Target Will Release Black Friday Deals on October 31 This Year](http://townsquare.media/site/33/files/2021/04/GettyImages-853799652.jpg?w=980&q=75)
![Walmart Rolls Out Black Friday Deals a Month Early — Here’s How it Works](http://townsquare.media/site/34/files/2021/10/attachment-ashkan-forouzani-sUlR4Iul-9c-unsplash.jpg?w=980&q=75)
![Walmart Will Close US Stores on Thanksgiving Day](http://townsquare.media/site/34/files/2018/11/GettyImages-903923942.jpg?w=980&q=75)
![Black Friday Deals Not as Good in 2020](http://townsquare.media/site/33/files/2020/02/GettyImages-1189214498.jpg?w=980&q=75)